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1530 Texoma Pky
Sherman, TX 75090
Economy Inn · Hospitality Property For Sale · 29,530 SF

INVESTMENT HIGHLIGHTS

  • Motel can be grounded and couple extended 60 Units can be build with well known franchise. Austin College Forbes MagazineAmerica's Top Colleges.
  • Please Conatct Sherman City Official and web for citi www.ci.sherman.tx.us.
  • Creation and Expansion of Apple Data Center ( 600 Jobs), Power Plant expansion, hospital 100 rooms addition. Please Contact Sherman Chamber.

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 3.14 AC
Construction Status Converted
Building Size 29,530 SF
No. Stories 2
Year Built 1963
Parking Ratio 1.49/1,000 SF
Corridor Exterior
Zoning C-2 - General Commercial District

ABOUT 1530 TEXOMA PKY , SHERMAN, TX 75090

66 rooms hotel with +3,000 sq. ft of restaurant/retail space on over 3 acres of land at a prime location in Sherman, TX, right off of Highway 75 and Texoma Parkway. It is a great property that needs some cosmetic work, upgrading, and an effective management. Will make a great investment or turn key project. City is growing, with major growth and big companies moving there. Lack of proper management lead to its distressed condition. If interested contact me via email.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
157394
Land Assessment
$524,889
Improvements Assessment
$0
Total Assessment
$524,889
  • Listing ID: 19062069

  • Date on Market: 3/31/2020

  • Last Updated:

  • Address: 1530 Texoma Pky, Sherman, TX 75090

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